David Martin’s Terra revealed plans for a retail center near Downtown Doral, as demand for sprawling suburban shopping centers remains strong in South Florida.
Tenants of the 150,000-square-foot shopping center include 24-Hour Fitness and Marshalls, according to a release. Doral Square, on the southeast corner of Doral Boulevard and 87th Avenue, will break ground by the end of the year. Construction is expected to be completed in 2021.
Rod Castan of The Courtelis Company is handling leasing. World of Beer and Panda Express have also signed on as tenants. Touzet Studio is designing the project to include plazas, public seating and pedestrian promenades.
Terra paid $12.5 million for the property in September 2017, property records show.
The project will be next to Modern Doral, a single-family home community that Terra developed with 319 homes. Terra is also building Atrium at Doral nearby, a mixed-use development; and District 79, a mixed-use industrial and retail project.
Codina Partners, along with other partners, developed the nearby Downtown Doral. That complex will have more than 1 million square feet of commercial space, 400,000 square feet of Class A office space and 5,000 residential units. The master-planned community will include a city hall, a charter school and Publix that are already open, town homes, single-family homes and condo towers.